Lee, MA
October 5, 2011

Wave Systems Corp. (NASDAQ:WAVX www.wave.com) announced today that Chief Scientist Dr. Robert Thibadeau will appear on a panel of international compliance, encryption and privacy experts speaking at RSA Conference Europe, October 11-13 at the Hilton London  Metropole. The session, titled "Data Protection Laws & Encryption Requirements in the U.S. and Europe," addresses the intersection of technology and law in the rapidly changing landscape of international data breach laws.

Despite stricter laws and severe financial consequences, incidences of data breaches continue to rise. In large part this can be attributed to confusion surrounding the existing patchwork of overlapping and vaguely-worded laws, as well as inadequate encryption and security in many organizations. This panel will give attendees the knowledge and tools to protect themselves in the event of a breach.

WHAT:  Panel: "Data Protection Laws and Encryption Requirements in the U.S. and Europe"
WHO:    Mr. David Lacey; Dr. Robert Thibadeau; Ms. Lucy Thomson; and Mr. Rigo Wenning
WHEN:  1:00 — 1:50 p.m. BST, Tuesday, October 11th
WHERE: Windsor Suite (East Wing), Hilton London Metropole, U.K.

These security thought leaders will come together to discuss current similarities and trends in the regulatory environments of the E.U., U.K., and U.S., providing practical solutions for global enterprises that must comply with local and international data breach laws. Successfully navigating international requirements necessitates detailed, current knowledge of applicable laws and encryption standards, and the aim of this panel is to provide that knowledge.
"Buying encryption technology is only half the battle," commented Mr. Lacey. "The real question is not whether you have it, but whether you can prove it was operational at the time of a potential breach. That's what a good regulator will demand."

One such technology is the centrally-managed self-encrypting drive (SED). Designed in accordance with the open-industry Opal standard, SEDs automatically encrypt all data on a drive and store the encryption keys in the hardware of the drive itself, keeping them safe from traditional software attack.

"These drives are available from all major manufacturers," said Dr. Thibadeau, pioneer and original patent holder of SED technology. "Although they are not yet ubiquitous, recognition of what they offer in terms of performance speed, security, and cost-effectiveness is increasingly widespread." Recently lauded in ComputerWeekly and Forbes, the SED is one encryption advancement that the panelists will address as they highlight best practices and developments that will enable attendees to address data breach within their own organizations.

About the Panelists

  • Mr. David Lacey is an author and researcher based in the U.K. A regular contributor and blogger for ComputerWeekly, Mr. Lacey has published several books, including "Managing the Human Factor for Information Security," and "Managing Security in Outsourced and Offshored Environments."
  • Dr. Robert Thibadeau, PhD, is the original patent-holder for the SED. Based in the U.S., he is an adjunct professor and co-founder of Carnegie Mellon's Robotics Institute. A sought-after speaker and author, he recently co-authored the American Bar Association's "Data Breach and Encryption Handbook," which published in February 2011.
  • Ms. Lucy Thomson, J.D., M.S., CIPP/G, is based in the U.S. and serves as chair-elect of the American Bar Association's Section of Science & Technology Law. She is also founder and co-chair of its eDiscovery & Digital Evidence Committee, and editor of the ABA's "Data Breach and Encryption Handbook."
  • Mr. Rigo Wenning, based in France, is W3C's legal counsel & Privacy Activity Lead. Active in privacy and data protection standardization, research and policy, Mr. Wenning is also on the Advisory council for the Trusted Computing Group. He has more than a decade of experience in privacy and security policy analysis.


For more information please contact:

Wave Contact:
Michael Wheeler
Wave Systems Corp.

Investor Relations:
David Collins, Eric Lentini
Catalyst Global LLC
212-924-9800 office / 917-734-0339 mobile